Tsipras meets with group of investors

29 January 2016
929 Views

Prime Minister Alexis Tsipras on Friday received a group of foreign investors at Maximos Mansion, while the discussion focused on the first review of the economic adjustment program and government’s strategy on development.

Among those present at the meeting were Prem Watsa of Fairfax Financial Holdings Ltd, John Paulson of Paulson & Co, Stephen Johnson of Wilbur Ross & Co, Jonathan Haick of Brookfield Capital Partners Ltd, Samir Parekh of Capital Research & Management Company, Ben Watsa of Lissom Investments, Lawrence Chin of Mackenzie Cundill, Jamie Lowry of Schroder’s Investment Management, Daniel Pozen of Wellington Management Company, as well as Nikolaos Karamouzis and Fokion Karavias of Eurobank.

On the government side, government Vice-President Yiannis Dragasakis and Finance Minister Euclid Tsakalotos attended the meeting.

The prime minister briefed the investors about the government’s positions and actions to create a stable tax system, tackle bureaucracy and corruption and for multiplying investment opportunities by establishing political stability.

The meeting also focused on the economic data pointing to a recovery of Greece’s economy, chief among them the successful recapitalisation of the country’s banks, the exceeding of budget targets for revenues in 2015 by roughly 2.0 billion euros and the stabilisation of the economy, with the short-term prospect of a return to growth.

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